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Newton Multifamily Sold At 141-143 Langdon Street In $1.68M Deal

Property Image
SOLD
$1,680,000

Massachusetts

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MultiFamily2,872 SF
Sold 04/10/2024
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Property Image
SOLD

Newton Multifamily Sold At 141-143 Langdon Street In $1.68M Deal

141-143 Langdon Street

See Similar Deals
MultiFamily2,872 SF
Sold 04/10/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$585
Total Square Footage:2,872 SF
Transaction Type:Sale

A Newtonville 2-family home located at 141-143 Langdon St was recently sold for $1,680,000. Each unit within the property consists of 3 bedrooms and modern amenities, along with garage spaces, making it an appealing investment opportunity or ideal for owner-occupied residence. The total square footage of the property is 2,872, with a price per unit of $840,000 and a price per square foot of $585.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,680,000
  • Units: 2
  • Square Footage: 2,872
  • Price per Unit: $840,000
  • Price per Square Foot: $585
  • Address: 141-143 Langdon Street, Newton, MA
  • Buyer's Rep: Sino-Us Realty Team - Keller Williams Realty
  • Seller's Rep: Collin Sullivan - William Raveis Real Estate

The buyer involved in this transaction was represented by the Sino-Us Realty Team from Keller Williams Realty, while the seller was represented by Collin Sullivan from William Raveis Real Estate. The deal showcases a successful negotiation between these parties, resulting in the sale of the multifamily property at the specified price and terms.

Players

Collin Sullivan
1 deal$1.7M volume(617) 529-6622
BROKER

Details

SOLD
IMAGE: Collin Sullivan DATE: 04/10/2024 ADDRESS: 141-143 Langdon Street MARKET: Newton, MA ASSET TYPE: Multifamily BUYER'S REP: Sino-Us Realty Team - Keller Williams Realty (@KellerWilliamsRealty) SELLER'S REP: Collin Sullivan (@CollinVail) - William Raveis Real Estate (@WilliamRaveis) SALE PRICE: $1,680,000 UNITS: 2 ~ PPU: $840,000 SF: 2,872 ~ PPSF: $585 NOTE: A Newtonville 2-family home at 141-143 Langdon St sold for $1,680,000. Each unit, with 3 bedrooms, offers modern amenities and garage spaces, making it an attractive investment or owner-occupied residence.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$5,968.69
Cash-on-Cash Return-1.27%
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